West Street, Bridport
£360,000

Guide price

Bedrooms: 5
Residential Investment - A large maisonette let out in multiple occupation in the heart of this historic and highly sought after market town.

THE PROPERTY

A very large self contained apartment/maisonette rented out in multiple occupation occupying a high profile location in West Street within the heart of this historic and highly sought after market town. It is understood to date back to the mid-18th Century of colour washed brick under a hipped slate roof. The building is Listed Grade II of Architectural or Historic Importance. Classic features typical of its period include sash windows.

The property is offered with all modern amenities including gas fired central heating, a modern fitted kitchen with electric double oven, gas hob, integrated fridge/freezer, integrated dishwasher, free standing fridge and integrated washing machine together with modern bathroom with en-suite shower rooms.

The accommodation is extensive with a net floor area of __ being arranged over 3 floors and extending to:

Ground floor- self contained covered passage way with stairs to the first floor (Costa have a right of way over).

First floor- landing, kitchen, inner landing, living/dining room with French doors onto rear roof terrace, bedroom with en-suite shower room, bedroom, bathroom, utiity/office with tumble dryer.

Second floor- landing, bedroom with en-suite shower room, bedroom with en-suite shower room.

Third floor- landing, bedroom with en-suite shower room.

OUTSIDE

The apartment has the benefit of a rear roof terrace.

RENTAL BACKGROUND

The property is rented in multiple occupation (HMO) with up to 5 letting bedrooms and shared living and kitchen space. Rents are between £530-£560 per month are being achieved all inclusive of outgoings/running costs i.e. heat, light, power, water and council tax etc. Currently, four of the letting bedrooms are let out.

A gross yield of around 7.25% is currently being generated. Further income information available on request.

DISPOSAL

The apartment will be sold subject to the existing tenancies and to include all of the landlord's contents.

VIEWINGS

Strictly by appointment with Stags Bridport.

SITUATION

The property enjoys a highly convenient central location within West Street and in the heart of the town centre. Bridport is a thriving and historic market town and holiday area. Extensive street markets are held twice weekly and the town has an excellent range of shopping facilities, schools, recreational and social amenities and a popular leisure centre with a swimming pool. A particular feature of Bridport town is the large number of independent and specialist shops which provide a unique atmosphere. The popular harbour of West Bay is only 2 miles to the south lying on the stunning Jurassic Coast.

SERVICES

All mains services. Gas fired central heating.

DIRECTIONS

From our South Street office, proceed to the town hall and turn left onto West Street. The apartment is located on the right, virtually opposite Waitrose.

01308 301006

Stags - Bridport

29 South Street, Bridport, Dorset, DT6 3NR

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